N Square Enterprises owner granted conditional bail in ₹42 crore tax evasion case

The High Court granted conditional bail to S. Nityananda, the owner of N Square Enterprises, who faces charges of ₹42 crore tax evasion using machinery for pan masala production. The single-judge bench, presided over by Justice S. Vishwajith Shetty, passed the order after hearing the criminal application filed by Nityananda. The court imposed standard conditions, including a personal bond of ₹1 lakh and two sureties of the same amount.